the robots are coming

V.C. Firm Names Robot To Board of Directors

Make way for one computer! (Wikimedia Commons)

In case you needed more proof that all our jobs will one day be occupied by robots, a Hong Kong V.C. firm has just named an artificial intelligence tool to its board of directors. The company’s also insisting the tool will be treated as an “equal” to the other board members.

Sure, it’s all probably a bid for press — but it’s still pretty funny.

A press release from Aging Analytics UK, a company that conducts research on biotechnology and regenerative medicine, made two announcements this morning: first, that they’ve launched an new A.I. tool called VITAL (Validating Investment Tool for Advancing Life Sciences); and second, that they’ve licensed VITAL to Hong Kong V.C. firm Deep Knowledge Ventures, where the tool will become an “equal member of its Board of Directors.” Read More

Sex and the Valley

Marc Andreessen Helps Us Understand Why Silicon Valley Investors Flock to ‘Cougar Night’ at the Rosewood

(Photo: Charlie Rose)

The Rosewood Hotel on Sand Hill Road, conveniently nestled near almost every important VC firm in the Valley, has long been a hotspot for wealthy VCs to meet potential mates. This is due in part to love concierge Amy Andersen, founder of the super stealth matchmaking company Linx Dating. She helped cultivate an unofficial “Cougar Night” at the hotel after setting up a meet-and-greet there for her wealthy clients in 2009. Read More

Teach Me How to Startup

Venture Capitalists Bring Back Pay-to-Pitch, Rebrand It as a Deli Counter ‘Without the Line’

rourkedeli

Mark MacLeod, a partner at the Montreal-based seed fund Real Ventures, recently posted a list of venture capitalists to avoid that quickly got passed around Twitter. Don’t take money, he advised, from archetypes like “the banker,” “the name-dropper,” “the dude on 20 boards,” etc.

Those kinds of self-interested parties have been circling around the tech scene for years. But perhaps the downward turn in startup financing is bringing back the sharp elbows that didn’t serve as well in a “party round” atmosphereRead More

Tech Meetups

There Is Now a Meetup for New York Venture Capitalists With Preteen Kids

daddydaycare

Is it possible for a networking event to jump the shark? If so, meetups may be very close.

In Adrianne Jeffries’ feature this week on start-up fever affliciting New Yorkers with a bad case of  wantrepreneurship, we listed what we thought was already a high number of networking spinoffs from the original New York Tech Meetup. Dumbo Tech Breakfast, UWS Startup Meetup, and the New York Technology Bathhouse Meetup come to mind. But none of the options on that growing list meets the particular specifications of ff Venture Capital’s David Teten. He and venture partner Mike Yavonditte from Hashable are launching “a periodic Meetup for people who work in the innovation community and who are parents of pre-teen children.” Sorry, Fred Wilson, your kids are too grown.

On Business Insider, Mr. Teten writes, “We envision organizing activities that our kids, partners, and we will all jointly enjoy.” Read More